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<blockquote data-quote="vantexan" data-source="post: 5883365" data-attributes="member: 24302"><p>But that's the point. They went way overboard in their spending, taking on debt to pay for it with ultimately no way out. At the same time people like you insist that the U.S. government spend, spend, spend, then spend some more. Greece is a prime example of what happens when you overspend without the means to pay it back. Sooner or later it implodes and the standard of living goes way down. In the scheme of things Greece is a small boat and the U.S. is the biggest ship. But even the biggest ship can sink if it takes on too much water. We are getting dangerously close to that right now. Donald Trump can do some good things policy wise but he alone can't fix it. And it definitely won't get fixed by ever increasing deficits. What we should be worried about is the likelihood of a Great Depression type event and very possibly WWIII because tensions are very high and aren't likely to improve with a financial meltdown. It's about time to face reality.</p></blockquote><p></p>
[QUOTE="vantexan, post: 5883365, member: 24302"] But that's the point. They went way overboard in their spending, taking on debt to pay for it with ultimately no way out. At the same time people like you insist that the U.S. government spend, spend, spend, then spend some more. Greece is a prime example of what happens when you overspend without the means to pay it back. Sooner or later it implodes and the standard of living goes way down. In the scheme of things Greece is a small boat and the U.S. is the biggest ship. But even the biggest ship can sink if it takes on too much water. We are getting dangerously close to that right now. Donald Trump can do some good things policy wise but he alone can't fix it. And it definitely won't get fixed by ever increasing deficits. What we should be worried about is the likelihood of a Great Depression type event and very possibly WWIII because tensions are very high and aren't likely to improve with a financial meltdown. It's about time to face reality. [/QUOTE]
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